During the month of July, the top 3 sectors were: crypto (+37.02%), indices (+9.41%) and livestock (+4.68%). The bottom 3 sectors were: grains (-9.39%), softs (-6.56%) and metals (+0.84%). As expected the Fed raised rates by another 75 bps to help fight inflation. The stock market showed significant strength late…

Commodities Hit Hard in June as demonstrated by the graph to the right – GSCI Energies fell -6.6% last month, with Grains -12.8% and Industrial Metals -13.8%.  Pundits blamed macro traders / asset allocators from shifting their fears from supply disruption to demand destruction, expecting that higher interest rates will…

COVID-19   US Case Count Upticked to 116k as the seven-day average rose in June per the CDC with seven-day average US deaths falling to 273.  Per Walgreens’s COVID-19 tracker (click here for the link) below, Omicron still infected a higher proportion of those that had received shots versus those…

During the month of June, there was only 1 sector that was positive and that was Livestock coming in at +3.97%. The bottom 3 sectors were: crypto (-41.13%), energies (-10.93%) and indices (-7.91%). Without question it was a difficult month for most commodities. With the Fed’s main focus on controlling…